DHT reports double-digit million dollar deficit in strained tanker market

Crude oil tanker shipping company DHT Holdings reports a new deficit for the third quarter of the year, though operating profit and spot income were more or less in line with expectations. Analyst firm Clarksons Platou is optimistic about the company's fourth quarter.

by SIMON VALEUR

2018 has so far been a very strained year for the crude oil tanker operators, who have been struggling with weak demand for oil transport and too many ships vying for the jobs.

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DHT reports deficit in continuously tough tanker market
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No supertanker orders in the third quarter
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Two VLCC players keep the order book hot and buy old ships
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